Economic Slowdown Prompts BRH to Authorize Moratoriums by Financial Institutions

Through circular 115-4 published on October 25, 2023, the Bank of the Republic of Haiti (BRH) authorizes financial institutions to grant a moratorium until March 31, 2024, to any indebted company and clients who wish to benefit due to the ongoing sociopolitical disturbances in the country. "The loans eligible for this moratorium are those classified as current or reported as of June 30, 2023, and have become non-performing as of September 30, 2023, or have a high probability of becoming so afterward, due to the current sociopolitical un